If my husband purchased a mobile home in his name only and put it on our co-owned property can the bank remove it if it entails a lot of damage to the pre-existing property?
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If my husband purchased a mobile home in his name only and put it on our co-owned property can the bank remove it if it entails a lot of damage to the pre-existing property?
It will entail a lot of damage to the pre-existing property.
Asked on June 28, 2018 under Real Estate Law, Florida
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
If the bank forecloses, then they--or whomever buys the property at the foreclosure sale or auction--can remove it; once you no longer own the property, you have no right to keep anything, including a mobile home, on it, even if doing so will cause damage or cost you money. Until and unless they foreclose, the bank has no rights over the property.
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